—Data on gabbro-dolerite pyrite–chalcopyrite–pyrrhotite, quartz vein sphalerite–chalcopyrite, and associated early and late gold–telluride–palladium mineralization of the Krutoi ore occurrence (Pai-Khoi Ridge, Yugor Peninsula) are presented. The early (magmatic) gold–telluride–palladium mineralization is represented by minerals of the ternary system Ag–Au–Cu, palladium antimonides and stibiotellurides, and platinum arsenides, and the late (hydrothermal) one, by minerals of the binary systems Au–Ag and Au–Pd as well as mercury, lead, and silver tellurides. Sudburyite and testibiopalladite have been first found in the Krutoi ore occurrence; moreover, testibiopalladite has been first discovered in the Pai-Khoi Ridge. Their chemical compositions and Raman spectra have been examined. The results of sulfide sulfur, oxygen, and carbon isotope studies of calcium-containing minerals of chalcopyrite–quartz veinlets suggest assimilation of the material of the host deposits by the ore-forming mantle fluids. The fluid inclusions in the veinlets are divided into nitrogen–methane and carbon dioxide–nitrogen according to the composition of the gas phase. It has been established that the mineral-forming fluids were poorly saturated with gas. Magnesium and calcium salts were predominant in them. The temperature of the formation of quartz in the chalcopyrite–quartz veinlets is close to 300–490 ºC, and sphalerite–chalcopyrite and associated late gold–telluride–palladium mineralization formed at temperatures not exceeding 260 ºC.